September 2016 Statistics

Is the bubble bursting? There are signs from our latest Great Vancouver statistics as well as the up and coming mortgage qualifying changes that our market is in the direction of a correction.

There is a significant difference in the price spread between condos and single family homes which has been growing further apart at a speedy rate without much increase to the average salaries. That said, price adjustments can be a good thing.

There is always positive news in any adjusting market so do call us for advice on what to do! Never fear, there’s always a light at the end of the tunnel.

We chose to post the North Shore 1 yr, 3 yr & 5 yr changes simply because it's where we live. For more information about another Metro Vancouver area, please contact us directly.

This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy - Listing data updated on May 24, 2018

This website is presented by Leanne Woodward from Royal Le Page Sussex Realty